Best Ways to Monetize Your Blog
The best reason to start a business on the internet is that there are so many different ways to make money. Anyone can start making money online through the use of pay per click marketing, starting a blog of their own, building out web sites, providing specialized services and so much more.
In this post we are going to focus on the best ways for monetizing your blog. Blogging is one of the most cost effective ways to start a business online as it will only cost you a few dollars to get a domain name of your own and setup with a low cost hosting plan.
Let’s take a look at some of the best ways that you can start monetizing your own blog right now.
The “freemium” model is a huge and growing trend in online income right now. You provide a lot of quality content for free to your audience, and you provide a premium-level program to those who are willing to pay for it. You can also charge a monthly membership fee which will provide a steady income steam.
The selling of knowledge can be very profitable. Selling quality information in the market can take form of e-books, audio, videos or all of the above. You can package them up or just sell them digitally.
Pay Per Click Advertising
By using programs such as Google Adsense, Chitika, AdBrite and other similar programs, advertisements are placed on your blog. You can make money every time a reader clicks on those ads, so the more traffic you have, the more you can potentially make using this method.
With cost per thousand (CPM) advertising, advertisers place ads on your blogs and the blogger is paid for each time that ad shows up. Whole this method works equally well for novice bloggers, the more page views you receive, the more money you can make with cost per thousand advertising.
The is arguably the most popular way of monetizing a blog. Affiliate marketing simply means you use your blog to recommend products or services that are likely to be of interest to your readers. By using resources like LinkShare, Commission Junction, Sharesale and other affiliate programs, you can earn a commission each time a reader purchases a product via your links.
For five more exciting ways to monetize your blog through internet marketing, be sure to read through the infographic below.
Special thanks to Infographic Design Team for creating the infographic for the site. It would be greatly appreciated if you took the time to share this post and infographic with your friends and social networks.
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3 Replies to “Best Ways to Monetize Your Blog”
Well written Zac, this ones going on the fridge 😉
Zac, Donations are great especially if the blog doesn't already have a speciic product to push. I think donations work best when some helpful advice, tip or problem solving details has been given away for free.
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Thanks for this post I am quite new to blogging. I started a blog with Rob Cornish when I went through his Income Funnels course for six weeks. I have tried many ways to monetize my blog without much success as yet I must say.
This being the case I just purchased your 'Confessions of a Six Figure Blogger' over at Amazon so I am hoping your book will change things. Thank you again Zac for this advice.
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